Australia's Nordic Nickel shines on ASX debut

Nordic Resources

01/06/2022 06:54

** Shares of nickel sulphide explorer Nordic Nickel  NNL.AX 
rise as much as 36% to A$0.340 on market debut
    ** Shares open trading at A$0.310
    ** Co raises A$12 mln ($8.60 mln) in an initial public
offering (IPO) at A$0.25 per share  urn:newsml:reuters.com:*:nASX1lXqpw
    ** Says IPO puts co in strong position to start exploration
across its portfolio of prospective nickel sulphide assets in
Finland's Central Lapland Greenstone Belt
    ** More than 4.2 mln shares trade hands

     ($1 = 1.3953 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))